Skip to content

Future value of an amount allowed to grow at a given interest rate over a period of time is known as the:

Looking for the answer to the question below related to Financial Management?

Future value of an amount allowed to grow at a given interest rate over a period of time is known as the:

 Options:

A. future value-single amount
B. present value-single amount
C. future value-annuity
D. present value-annuity

 

The Correct Answer Is:

  • A. future value-single amount

 

Conclusion

I hope you got the answer to your question.

Leave a Reply

Your email address will not be published. Required fields are marked *